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endogenous definition: The definition of endogenous is coming from the inside. (adjective) An example of something endogenous is a tumor that is caused by conditions inside the body not by externally-introduced conditions such as smoking. ...
For example, in a simple supply and demand model, when predicting the quantity demanded in equilibrium, the price is endogenous because producers change their price in response to demand and consumers change their demand in response to price.